Verizon
Verizon Leaving Penske N’Wide Dodge, Allgaier Out?
Rumor has it that Verizon will not return to Penske Racing’s No. 12 Nationwide Series Dodge in 2011, instead choosing to focus on Penske’s IndyCar program. As a result, Justin Allgaier has been given permission to speak to other teams about employment next season.
Busch Signs Five-Year Extension With Penske
After it was announced that Shell would sponsor Penske Championship Racing’s No. 22, Kurt Busch has announced that he has signed a five-year extension to remain with Penske through 2015. He says that Shell was only interested in signing with Penske if Busch was behind the wheel.
Stremme To Penske's No. 12?
Yahoo is reporting that David Stremme appears to have the inside track to Penske Racing’s No. 12 vacated by Ryan Newman. With Stremme being hired as a test driver earlier this year, all signs point to him being the favorite for the No. 12. The team is said to be waiting to finalize sponsorship, as Verizon [...]
NASCAR Business Roundup
Kobalt Leading Candidate To Sponsor Truck Series Kobalt Tools, a Lowe’s brand, is said to be the leading candidate to sponsor the truck series. Craftsman, a Sears brand, will not renew its sponsorship of the series. Stanley Tools and NAPA have been rumored to be potential sponsors as well. Should Kobalt reach and agreement to [...]
